So far So Good. Sticking to my Guns ................... Am giving you all the immediate supports and resistences for NS..... from 16828 we have come a LONG WAY...............I screamed and screamed saying that 16800 would not break.... It didnt. hopefully the way forward is even Longer UPWARD.......
For PARASURAM...................... I am considering your suggestion of a MUCH LOWER OPENING..... and marking out the levels for a small correction @ HOURLY TF. Please understand I cannot give a SHORT/LONG TAG each and every Time as the Time frames will differ from each other........... So Instead of causing any confusion..... I have given it a .... NO TAG....
Marked are the Levels above which NIFTY SPOT MUST open on Monday...... it is 18280....... be careful below this......... The FIBBS on a hourly basis are given for your reference . 1.26% and 1.76% Rise of this current wave Should be the resistences ... above which we will move higher...... In as much as I had given wave i to be complete at apprxx...
I made a MISTAKE on a chart of NS I posted about 2-3 days ago.... wherein, I said wave i is done. NO... it is not done yet.... primarily for 1 reason..... wave iii cannot be smaller to wave i even though Minute/subdivided in nature. There are ONLY 2 scenarios now. 1. wave i goes all the way upto 18946-19000.... OR.... the wave truncates here and goes all the way...
For the SO MANY of YOU who think we are in a BEAR MARKET.................... Yes........... we will get our whipsaws @ OS/OB conditions..... but get ready to be SURPRISED................. In FACT the Surprise should have been at 16800.....when I said..... GO LONG for ATH. Yes.... In between my instincts get the better of Me and instead of reminding you all of the...
The Important Fibbs are encapsuled in the Rectangle...... Follow them for this swing trade
Look yyyyy the NS has STALLED ????????????? It should tell you the Importance of Retracements and the breakout above that specific retracement
Look at this Formation on NS..... for quite a while now..... I want you all to answwr the following questions. 1. what is this formation called 2. What do you believe is going to happen @ with Logic please.
Once again I am pretty sure that NONE of you even realized the PARALLEL channel which BNF/BNS has been following since the past 2 days..... I caught on to it early and took my trades...... I was waiting for someone here to show me something like this.... but I guess everyone is clueless. Please for GODS sake understand structures and lines and retracements etc
I am pretty sure Most of you have not realised that the LENGTH of the waves even though sub divided are becoming BIGGER in NATURE. The UPSIDE is getting BIGGER while the downside is SHALLOW ...... Giving you All the probable path of the NS going forward. DO NOT stay LONG below 17690.... unless a FALSE move down below it kills the trade. I am not putting a...
I have now gone to the extent of showing you the apprxx Resistence and the downside support to follow...... Leading to a wave 3 move UNPARRALLELED in HISTORY...... IT FITS my Target of NIFTY 39000+.... Not putting any Long/Short Tag to it as I have already given you all the entire wave count on a Platter... Dont be disturbed by any whipsaws if you are a LT investor
The chart of the Nifty smallcap is looking rather confusing.... and to clear that confusion..... I have given you all 2 separate markings... The BLACK one indicates the downside risk.... while the ORANGE one indicates a BULL RUN. The impulsive 12345 marked in BLACK COLOUR is ONLY INDICATIVE and NOT exact in terms of price. hence do not follow the impulsive 12345...
NS with caution........ sustaining above the parallel channel upper trend line will lead to a 300-400 point Rise. Be careful here as support now at 18297..... and momentum is still for an UPSIDE
This MAY seem rather FAR FETCHED to Most of you................. Its a MONTHLY chart..... Give it Time to play out...... I am pretty confident..... inspite of the whipsaws....... we will get to 39000+
The reverse and Upside FIBB on NS as I see it currently....... PHEW !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Kya ho saktaa hae ??? If wave 1 extends/ moves upto 18900-19000 odd...... boy oh boy................. we will look for a SHALLOW dip for wave ii...... n then iii up will resume...... This iii can go beyond any of the figures even I have mentioned.... and will...
The Blue and Black Lines indicate the Path of the Nifty going forward...... I have presented it on a Weekly scale hence the Time factor will come into play. Nothing will happen by just tomorrow..... give it Time. The coloured lines present an indication of Higher price going forward represented by the BLACK Line especially
NS on a Monthly scale. Are we heading into a HNS pattern ????? This is my ONLY FEAR as of now...... So be careful..... take your time to analyise and only then take your trade